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Arbe Robotics Ltd (NASDAQ: ARBE) closed the day trading at $1.22 down -6.15% from the previous closing price of $1.30. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 2.26 million shares were traded. ARBE stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.2.
Ratios:
For a better understanding of ARBE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.45 whereas as Long-Term Debt/Eq ratio is at 0.06.
On November 29, 2024, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $4 to $3.
On February 04, 2022, Maxim Group started tracking the stock assigning a Buy rating and target price of $14.Maxim Group initiated its Buy rating on February 04, 2022, with a $14 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 07 ’25 when Canaan Partners Israel (CPI) C bought 36,186 shares for $5.00 per share.
Machness Ram bought 79,209 shares of ARBE for $208,320 on Jan 06 ’25. On Jan 06 ’25, another insider, Naeh Shay, who serves as the Officer of the company, bought 63,649 shares for $2.63 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARBE now has a Market Capitalization of 116556248 and an Enterprise Value of 108315568. For the stock, the TTM Price-to-Sale (P/S) ratio is 151.16 while its Price-to-Book (P/B) ratio in mrq is 5.54. Its current Enterprise Value per Revenue stands at 141.036 whereas that against EBITDA is -2.207.
Stock Price History:
The Beta on a monthly basis for ARBE is 0.23, which has changed by -0.44545454 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, ARBE has reached a high of $5.09, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is -43.65%, while the 200-Day Moving Average is calculated to be -39.86%.
Shares Statistics:
Over the past 3-months, ARBE traded about 10.77M shares per day on average, while over the past 10 days, ARBE traded about 3027570 shares per day. A total of 95.40M shares are outstanding, with a floating share count of 66.13M. Insiders hold about 30.68% of the company’s shares, while institutions hold 25.73% stake in the company. Shares short for ARBE as of 1741910400 were 6943247 with a Short Ratio of 0.55, compared to 1739491200 on 4713885. Therefore, it implies a Short% of Shares Outstanding of 6943247 and a Short% of Float of 9.94.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of Arbe Robotics Ltd (ARBE) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.08, with high estimates of $0.08 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.34 and $0.34 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is $0.33, with 1.0 analysts recommending between $0.33 and $0.33.
Revenue Estimates
2 analysts predict $100k in revenue for the current quarter. It ranges from a high estimate of $100k to a low estimate of $100k. As of the current estimate, Arbe Robotics Ltd’s year-ago sales were $137kFor the next quarter, 2 analysts are estimating revenue of $200k. There is a high estimate of $300k for the next quarter, whereas the lowest estimate is $100k.
A total of 2 analysts have provided revenue estimates for ARBE’s current fiscal year. The highest revenue estimate was $5.2M, while the lowest revenue estimate was $2.3M, resulting in an average revenue estimate of $3.75M. In the same quarter a year ago, actual revenue was $768kBased on 2 analysts’ estimates, the company’s revenue will be $17.5M in the next fiscal year. The high estimate is $25M and the low estimate is $10M.
